Bernanke: Recession More Likely Without Bailout.
Posted on | September 23, 2008 |
I am SO confused.
According to the AP (and others) the U. S. economy has been in a recession since about Q4 of 2007. But just today they report:
“Bernanke: Recession more likely without bailout.”
Q: How can we enter a recession without a the government bailout of wall street if we’ve been in a recession for a year?
A: We haven’t been in a recession.
A quick search of this site turns up the following posts:
Well, I guess you get the idea… I’m not one to buy into the AP’s desire for a U. S. recession. Still, all snarkyness aside, this bailout business is more than a bit unsettling…
- U.S. Economy at Death’s Door, Knocking Loudly.
- How Not to Save Money on Auto Insurance.
- Inflation-Beating Investments for Retirement, a poorly timed article on BankRate.
- U.S. in Recession - Another Great Depression Coming Soon!
- Taleb: Everyone Should Short US Treasuries
- How to Install Recessed Lighting
- Fannie Mae & Freddie Mac Collapse
- Macau Gaming Revenue This Year to Hit US$12.5 Billion
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